The movie is very dry and serious as most british films of that era. It was made to inspire people and show that with hard work the war against Germany could be won. However what makes this high on my list is that it is the movie that "pink" is watching in the hotel room in Pink Floyd The Wall. Just to hear those soundbites in context during the movie is worth sitting through the dry British dialog.
Pete's Dragon is a lovable movie that is fun for folks of ALL ages. I especially liked how it showed that even though we are all different, we are all the same at the same time. It shows how a boy can find a family that loves him no matter what.